<\/p>\n
6 Turnberry Pl, Carindale<\/p>\n
A first-home buyer paid a staggering $3.377m for a suburban Brisbane house, beating 18 other bidders vying for the lowset property which sold for close to $500,000 above its reserve price.<\/p>\n
The buyer, aged in his 20s, stunned an auction crowd of close to 200 people as he made his final winning offer of just shy of the suburb record price for the five-bedroom house at 6 Turnberry Pl, Carindale.<\/p>\n
The home on a 1,103 sqm lot backing onto parkland went to auction following a five-week campaign, with 191 groups inspecting the property.<\/p>\n
Bidding opened at $2.3m and advanced rapidly with multiple parties active.<\/p>\n
<\/p>\n
19 bidders registered for the auction<\/p>\n
At $3,025,000 the property was called on the market, confirming a sale and intensifying the contest. Mr Torres said the sellers\u2019 reserve price had earlier been set at $2.9m.<\/p>\n
Selling agents Will Torres and Damian Cochrane, of Torres Property, said the result underscored demand for quality family homes and signalled a shifting buyer profile at the upper end of Brisbane\u2019s eastern suburbs.<\/p>\n
Mr Cochrane said the buyer \u201cappeared strikingly youthful among the crowd\u201d.<\/p>\n
\u201c[He] looked incredibly young to be competing at this level,\u201d Mr Cochrane said.<\/p>\n
\u201cTo secure a $3.377m home as your first purchase in your 20s speaks to a new wave of confident, decisive buyers in Brisbane\u2019s suburban market.\u201d<\/p>\n
<\/p>\n
Property features included a pool and alfresco entertaining area<\/p>\n
Mr Torres said the young buyer \u201cremained composed against experienced competition\u201d and was accompanied by his father, who was understood to be contributing \u201cgenerational wealth\u201d towards the big-ticket purchase.<\/p>\n
\u201cHe was a student who looked like he was 19 years of age, he was very much incognito with his sunglasses on and talking with his father in Mandarin then calling out the numbers,\u201d Mr Torres said.<\/p>\n
\u201cHe held his own as the bidding increments narrowed and the pressure sharpened.<\/p>\n
\u201cThey had been looking on and off for a property that was flat and large and all on one level but had only seen this house that day.\u201d<\/p>\n
<\/p>\n
The kitchen had marble benchtops<\/p>\n
MORE NEWS<\/p>\n
Brisbane home prices surge $153,500 in one year<\/a><\/p>\n \u2018Red flags\u2019 that could sink your home purchase<\/a><\/p>\n